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    1615 Seegar St Dallas, TX 75215

    For Sale
    Contact for pricing

    Prime Dallas location, 24,357 sq ft.

    Property size:
    24,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional multifamily investment property, located at 1615 Seegar St, Dallas, Texas 75215, presents a compelling opportunity for discerning investors. The property, encompassing a substantial 24,357 square feet, is classified as both multifamily and land, offering significant potential for development or continued operation as an apartment building. Situated in Dallas County, within the PD 317 Subdistrict 2 zoning designation, this property benefits from a well-established location in the vibrant city of Dallas. The precise nature of permitted uses under the PD 317 Subdistrict 2 zoning should be independently verified. The property's substantial size and multifamily classification suggest a strong potential for rental income generation. The address is 1615 Seegar St, Dallas, TX 75215, with GPS coordinates of 32.769212 latitude and -96.786681 longitude. This offering presents a rare chance to acquire a significant piece of Dallas real estate with considerable upside potential. Further due diligence is recommended to fully assess the property's potential and suitability for individual investment strategies. The property is currently offered for sale.

    Property Features for 1615 Seegar St

    General Information

    Property type
    Multifamily properties
    Square Feet
    24,357 SF

    HighLights

    • Multifamily property with 24,357 square feet of space.
    • Located at 1615 Seegar St, Dallas, TX 75215.
    • Zoned PD 317 Subdistrict 2.
    • Property type is Multifamily and Land.
    • Commercial and Apartment Building subtype.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.786681
    Latitude
    32.769212

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    FAQs

    What type of property is this?
    Multifamily property - Prime Dallas location, 24,357 sq ft.
    Where is this multifamily property located?
    The property is located at 1615 Seegar St Dallas, TX.
    What are key features of this property?
    This property features: Multifamily property with 24,357 square feet of space.; Located at 1615 Seegar St, Dallas, TX 75215.; Zoned PD 317 Subdistrict 2.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1615 Seegar St Dallas, TX 75215
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